15005 STEEL Street Detroit, MI ^$ 189,900

15005 STEEL Street

^$ 189,900

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15005 STEEL Street

Detroit, MI, 48227

^$ 189,900

Studio Baths2.0 Sq 1,880

Monthly Estimate*

^$ 1,169

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Studio

Multi-Family Home for sale in Detroit, MI

for $189,900 with 2 full baths. This 1,880 square foot home was built in 1929 on a lot size of 0.09.

***CALLING ALL INVESTORS*** Prime investment opportunity on Detroit's West Side! This solid duplex features two 2-bedroom / 1-bath units, each currently rented for $1,200 per month, delivering immediate cashflow. Both units are tenant-occupied with leases through September 2026, and tenants have expressed interest in staying. Property offers separate furnaces and separate hot water tanks for each unit, with one hot water tank replaced in 2025. Well-maintained and ideally suited for investors seeking steady cash flow. Cap Rate:

Multi-Family Active

Price

^$ 189,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,972

Style

Lot Size

0.09

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60961984

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1929

Subdivision MEYERS GROVE (PLATS) MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions First Block From Fenkell Between Fenkell And Chalfonte. Corner Of Chalfonte

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA VA

Legal Description W STEEL 171 MEYERS GROVE SUB L50 P21 PLATS W C R 22/145 36 X 107

DOM 2

Postal Code 48227

Price Per Sq Ft Total AG 101.01

Public Remarks ***CALLING ALL INVESTORS*** Prime investment opportunity on Detroit's West Side! This solid duplex features two 2-bedroom / 1-bath units each currently rented for $1 200 per month

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 36

Lot Size Area 0.09

Lot Dimensions 36.00 x 107.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Gabriella Occhialini

Listing Agent

Keller Williams Realty-Great Lakes

Broker

gabbi@monzogroup.com

Affordability Calculator

$1,417

Per Month

Monthly Principal & Interest: $1,169
Monthly Property Taxes: $248
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$231,057

Percent of Sale Price 22%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/6/2026	$189,900		Listed Price

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15005 STEEL Street, Detroit, MI, 48227 is a Multi-Family Home for sale at $189,900 with 1,880 sqft and a lot size of 0.09. 15005 STEEL Street is a studio with 2.0 baths and was built in 1929. The property's zip code is 48227 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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15005 STEEL Street

Multi-Family Home for sale in Detroit, MI

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